United Airlines agrees to give union pilots up to 40% pay raises

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United Airlines agrees to give union pilots up to 40% pay raises
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United Airlines and the union representing its pilots said Saturday they reached agreement on a contract that will raise pilot pay by up to 40% over four years.

The union valued the agreement at about $10 billion. It followed more than four years of tumultuous bargaining that included picketing and talk of a strike vote.The union valued the agreement at about $10 billion. It followed more than four years of tumultuous bargaining that included picketing and talk of a strike vote.

The Air Line Pilots Association said the agreement, which is subject to a ratification vote, would put United UAL pilots on par with counterparts at Delta Air Lines DAL , who approved a pay-raising deal earlier this year. In a statement on the LinkedIn social media site, CEO Scott Kirby said, “We promised our world-class pilots the industry-leading contract they deserve, and we’re pleased to have reached an agreement with ALPA on it.”

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